Cement News tagged under: Hope Cement

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Hope plant's economic contribution to local economy assessed

24 July 2020, Published under Cement News

Breedon Group has had an assessment of the Hope Cement plant's economic contribution to the local economy. An independent report by global management, engineering and development consultancy Mott Macdonald says Breedon Group shows a 51 per cent increase in its contribution to GBP61m from GBP53m in 2017. The report aimed to show how much the Hope Cement works contributes both financially and in terms of employment to the Peak District National Park's economy. The figures say that the cement ...

Breedon expands its UK operations

20 April 2018, Published under Cement News

This week Breedon Group Plc announced that it had entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd for GBP455m. While the aim is to create a leading independent construction materials group in the UK and Ireland, this move will provide the group with a platform to establish further organic growth and bolt-on acquisitions. The acquisition is expected to give Breedon annual cost savings of approximately GBP5m by the third full year following completion. The acqui...

UK: Breedon Group's revenues up by 42.8% in 2016

08 March 2017, Published under Cement News

Bredon Group Plc's revenues for 2016 grew by 42.8 per cent to GBP454.7m and underlying earnings before interest and tax (EBIT) increased by 57.8 per cent to GBP59.6m, including a five-month contribution from newly-acquired Hope Construction Materials (‘Hope’).  This equates to an underlying EBIT margin of 13.1 per cent (2015:11.9 per cent), reflecting good progress towards our 2020 target of 15 per cent, the company said.  Profit before tax rose by 49.5 per cent to GBP46.8m. Underlying pr...

UK: Hope Cement reward loyal customers

03 February 2017, Published under Cement News

Hope Cement has introduced a new incentive scheme through its smartphone app. The loyalty scheme is a new approach to drive traffic into merchants’ stores and help to grow their business. Customers collect points every time they purchase a Hope Cement product. Points will accrue based on product purchases, which can be used to claim various rewards and put them in with a change to win a Ford Transit Custom van. Hope Cement’s Commercial Finance Director, Tim Billingham, said: “The App w...

UK: Breedon looks to the future with Hope

05 August 2016, Published under Cement News

The 200-strong team at the Hope Cement works in Derbyshire celebrated becoming part of Breedon Groupl Plc with a visit from group chairman Peter Tom CBE and group chief executive Pat Ward. They were accompanied by Hope Cement managing director Ashley Bryan, who took them on a plant tour to meet members of staff.   Hope cement works is a key asset in the Breedon Group network which has now grown to include around 60 quarries, 27 asphalt plants, just under 200 concrete plants and a major surfa...

UK: Breedon to complete Hope acquisition in August, 1H16 results

22 July 2016, Published under Cement News

Following the conclusion of the Competition & Markets Authority's (CMA) review, Breedon Aggregates expect to complete the acquisition of Hope Construction Materials Limited (Hope) on 1 August 2016 (subject to final clearance from the CMA). On completion, the enlarged group will be renamed Breedon Group plc, subject to approval by its shareholders at an Extraordinary General Meeting on 21 July 2016. The trading name of the enlarged group will simultaneously change from ‘Breedon Aggregates’...

UK: Hope Cement launches bagged product range

14 July 2016, Published under Cement News

Hope Construction Materials have officially unveiled its new high-performance bagged cement products, which, for the first time, are all available in the company’s own packaging, as ICR reported in its March 2016 issue. Hope say customers can expect to benefit from advanced packaging technology and unparalleled delivery service, which aims to provide a consistent lead-time commitment of 1-3 days, reports Agg-Net. The full product range consists of 12 key products, which are produced at the...